3M was founded in 1902 at the Lake Superior town of Two Harbors, Minn. Five businessmen - Henry S. Bryan, Dr. J. Danley Budd, Harmon Cable, William A. McGonagle, and John Dwan - set out to mine a mineral deposit for grinding-wheel abrasives. But the deposits proved to be of little value, and the new Minnesota Mining and Manufacturing Co. quickly moved to nearby Duluth to focus on sandpaper products.
Years of struggle ensued until the company could master quality production and a supply
chain. New investors were attracted to 3M, such as Lucius Ordway, who moved the company to St. Paul in 1910. Early technical and marketing innovations began to produce successes and, in 1916, the company paid its first dividend of 6 cents a share. Some of 3M’s more famous innovations include:
The world's first waterproof sandpaper, which reduced airborne dusts during automobile manufacturing, was developed in the early 1920s.
A second major milestone occurred in 1925 when Richard G. Drew, a young lab assistant, invented masking tape – an innovative step toward diversification and the first of many Scotch® Pressure-Sensitive Tapes.
In the early 1940s, 3M was diverted into defense materials for World War II, which was followed by new ventures, such as Scotchlite™ Reflective Sheeting for highway markings, magnetic sound recording tape, filament adhesive tape and the start of 3M's involvement in the graphic arts field with offset printing plates.
In the 1950s, 3M introduced the Thermo-Fax™ copying process, Scotchgard™ Fabric Protector, videotape, Scotch-Brite™ Cleaning Pads and several new electro-mechanical products.
In 1980, 3M introduced Post-it® Notes, which created a whole new category in the marketplace and changed people’s communication and organization behavior forever.Certificate:
Capital Stock, issued in the early 1900’sPrinter: Goes Dimensions:
8” (h) x 10 1/2” (w) State: MN-Minnesota Subject Matter: Famous Companies
| Consumer Products
| Autographed Pieces Vignette Topic(s): Mining Scene Condition:
Vertical and fold lines, stamp cancels in the body, and some toning from age. This certificate is hand signed by two of 3M’s founders – Henry S. Bryan and John Dwan.